Saputo Inc. (OTCMKTS:SAPIF) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Saputo Inc. (OTCMKTS:SAPIF) has earned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

A number of brokerages recently commented on SAPIF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Saputo in a research note on Friday, August 8th. TD Securities reaffirmed a “buy” rating on shares of Saputo in a research note on Monday, August 11th. Scotiabank reaffirmed an “outperform” rating on shares of Saputo in a research note on Monday, August 11th. National Bankshares reaffirmed an “outperform” rating on shares of Saputo in a research note on Monday, August 11th. Finally, CIBC reaffirmed an “outperform” rating on shares of Saputo in a research note on Tuesday, August 12th.

Saputo Price Performance

OTCMKTS SAPIF opened at $25.00 on Friday. The stock has a fifty day moving average of $24.36 and a 200-day moving average of $21.50. Saputo has a 52 week low of $15.67 and a 52 week high of $25.16.

Saputo Company Profile

Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers mozzarella and cheddar; ricotta, provolone, blue, parmesan, goat cheese, feta, romano, Havarti, and soft cheeses; brie and camembert fine cheeses; and other cheeses, such brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.